"TYPE of DOCUMENT 1 VIP<br /> DEED is a written instrument by which an owner conveys right, title, or interest in a parcel of real estate to another", "DEED<br /> Grantor (seller - giver)<br /> Grantee (buyer - receiver)" "TYPE of DOCUMENT 2<br /> Who are : GIVER & RECEIVER<br /> OFFER<br /> Counter Offer<br /> LEASE", "GIVER ----------- RECEIVER<br /> OFFER<br /> Offerror (buyer) ------- Offeree (seller)<br /> Counter Offer<br /> Offerror (seller) --- Offeree (buyer)<br /> LEASE<br /> Lessor (landlord) --- Lessee (tenant)" "TYPE of DOCUMENT 3<br /> Who are:GIVER & RECEIVER<br /> MORTGAGE<br /> OPTION<br /> INSTALLMENT CONTRACT", "GIVER ---------- RECEIVER<br /> MORTGAGE<br /> Mortgagor (Borrower)-Mortgagee (Lender)<br /> OPTION<br /> Optionor (seller) ------ Optionee (buyer)<br /> INSTALLMENT CONTRACT<br /> Vendor (seller) ------- Vendee (buyer)" "TYPE of DOCUMENT 4<br /> Who are : GIVER & RECEIVER<br /> WILL<br /> CONTRACT", "GIVER -------- RECEIVER<br /> WILL<br /> Devisor (deceased) ----- Devisee (heir)<br /> CONTRACT<br /> Vendor (seller) ------- Vendee (buyer)" "Requirements for VALID CONVEYANCE<br /> A valid DEED must contain certain essential elements<br /> 1.The DEED must be in ____________<br /> 2. The GRANTOR must have legal _______________<br /> 3. GRANTEE named with reasonable certainty ______", "1. WRITING<br /> 2.capacity to execute a DEED<br /> 3. must be identified." "Requirements for a VALID CONVEYANCE<br /> 4. There must be adequate _______<br /> 5. There must be an adequate legal description _____", "4. words of conveyance.<br /> 5. of the property conveyed" "Requirements for an VALID CONVEYANCE<br /> 6. The DEED must be signed by _________<br /> 7. The DEED must be delivered to and voluntarily____", "6. the GRANTORS<br /> 7. accepted by the GRANTEE"
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